Greer Ranch, Murrieta CA Home Prices - Average: $317,587; SqFt: $96.18, January 30, 2012.
There were 15 Greer Ranch homes for sale in Murrieta CA that closed (sold) during the past 90 days with an average home price of $317,587 and an average price-per-square-foot of $96.18, according to the California Regional MLS (Multiple Listing Service).
Last month, 13 Greer Ranch houses for sale closed with an average sales price of $311,992 and an average price-per-square-foot of $95.12. One year ago, 8 Greer Ranch houses for sale closed with an average sales price of $315,475 and an average price-per-square-foot of $105.62.*
The charts on the right show the average sold price trends of Greer Ranch homes. (Sold prices are the actual amount that buyers paid for the home.) The first chart shows sold prices over the past 24 months. The second chart shows sold prices since 2003. The blue SOLD line in each chart shows the month-to-month fluctuations in sold prices. The red TREND line smoothes the month-to-month fluctuations using a 12-month moving average. The TREND line makes it easier to determine the overall housing market’s price trend.
Buying a house? Selling a house? Whether you’re a home buyer or a home seller, you may want to know whether it’s a buyer’s market, or a seller’s market. How can you determine whether it’s a buyer’s market or a seller’s market? By looking at housing market absorption rates.
Click here to see whether it’s a buyer’s market, or a seller’s market for Greer Ranch Single Family Homes.
*The values shown for each month are based on data measured during the prior 90 days of activity. For example, values shown for December 2011 are based on data measured from the beginning of October 2011 through the end of December 2011. The information provided is deemed reliable, but is not guaranteed.
Copyright ©2012 Bill Burchard